Jim Bunning: no matter who the administration might be. madam president, i yield the floor. the presiding officer: senator from kentucky. mr. bunning: madam president, i would like to call up bunning amendment number 665 and ask for its immediate consideration. the presiding officer: without objection. mr. bunning --

Jim Bunning: the presidin clerk will report. the clerk: the senator from kentucky, mr. bunk, proposes an nement numbered dispensement of the reading. the presiding officer: without objection. mr. bunning: iltd like to send a modification to the desk, if possible. the presiding officer: is there objection? mr. leahy: mr. president? the presiding officer: the

Jim Bunning: senator from mr. leahy: i have been asked to object and i will object. the presiding officer: so ruled. objection is heard. mr. bunning: okay. then i will speak on the original amendment, we have had sanctions against iran on our books since 1987.

Jim Bunning: they, along with other multilateral efforts, have served to put a financial chokehold on iranians' rogue behavior. now is the time to enforce the sanction and deny iran the financial capital it needs to fund their nuclearroliferation

Jim Bunning: and support for international terrorism. this is why i've offered amendment requiring the state department to provide congress with a report of potential violations of existing iranian sanctions under the iran

Jim Bunning: sanctions act of 1996. under the act, a company is found in violation of our sanctions if they invest more than $20 million in one year in iran's energy section. since enactment, companies have invested more than

Jim Bunning: in iran's energy section. this does not include billion in pending transactions that are known about, most of which are long-term contracts to purchase iranian gas and oil. as it stands, the rate department isn't the required to

Jim Bunning: provide any type of report to congress or publish in the "federal registry" a list of potential violations of our sanctions against iran. time and time again, i have asked the state department for transparency on this issue, as well as imposing some sort of

Jim Bunning: time line on ruling on pending sanctions. the state department has no enforceable guidelines on nctions and, thus, gives them little or no teeth. as it stand, pending investigations of companies in violation of our sanctions laws